Guys:

We bought a townhome, signed a contract, also parallally applied for
mortgage (they already sent "Good faith estimate and settling costs",
they asked me to mail it, but still I didn't sign and didn't mail),
after signing a contract, I have chosen my lawyer, then faxed contract
papers to attorney, he reviewed it and he sent me a addendum, he told
me he is going to send it to builder (I didn't even sign on that
addendum, Is it OK), after that I didn't hear anything. Could some
expert write me what are the next steps involved?.

I wanted to know what are the next steps (Closing end of Sep), in the
mean time the sales lady in builder office calling me to select the
carpet and kitchen cabinets), Could you guys suggest me what I have to
do?. Should I want to hear back from my attorney?. Appreciated for
your suggestions and thanks in advance.

Also the lender is calling me asking me whether I miled that copy back
to them?. I am in dilemma, what to do ?.

"Santa" wrote in message
om...
Guys:

We bought a townhome, signed a contract, also parallally applied for
mortgage (they already sent "Good faith estimate and settling costs",
they asked me to mail it, but still I didn't sign and didn't mail),
after signing a contract, I have chosen my lawyer, then faxed contract
papers to attorney, he reviewed it and he sent me a addendum, he told
me he is going to send it to builder (I didn't even sign on that
addendum, Is it OK), after that I didn't hear anything. Could some
expert write me what are the next steps involved?.

I wanted to know what are the next steps (Closing end of Sep), in the
mean time the sales lady in builder office calling me to select the
carpet and kitchen cabinets), Could you guys suggest me what I have to
do?. Should I want to hear back from my attorney?. Appreciated for
your suggestions and thanks in advance.

Also the lender is calling me asking me whether I miled that copy back
to them?. I am in dilemma, what to do ?.

You are already paying a lawyer, which is the smart thing to do, to hold
your hand. Laws and 'standard practices' vary widely from area to area, and
anything you hear on here will be a guess at best. Call your lawyer, make an
appointment, and review all the paperwork to date. You may not even need to
meet with the actual lawyer, just the office person who actually put the
paperwork together. The bit about signing a contract and then adding an
addendum sounds flakey to me, but IANAL.

aem sends....

On 10 Jul 2003 15:03:06 -0700, (Santa) wrote:

Guys:

We bought a townhome, signed a contract, also parallally applied for
mortgage (they already sent "Good faith estimate and settling costs",
they asked me to mail it, but still I didn't sign and didn't mail),
after signing a contract, I have chosen my lawyer, then faxed contract
papers to attorney, he reviewed it and he sent me a addendum, he told
me he is going to send it to builder (I didn't even sign on that
addendum, Is it OK), after that I didn't hear anything. Could some
expert write me what are the next steps involved?.

I wanted to know what are the next steps (Closing end of Sep), in the
mean time the sales lady in builder office calling me to select the
carpet and kitchen cabinets), Could you guys suggest me what I have to
do?. Should I want to hear back from my attorney?. Appreciated for
your suggestions and thanks in advance.

Also the lender is calling me asking me whether I miled that copy back
to them?. I am in dilemma, what to do ?.


What does your lawyer advise you to do? He is the one you should be
asking these questions!

Well, he didn't even call me sofar. May be I will call him to find the status.

On 10 Jul 2003 15:03:06 -0700, someone wrote:

Guys:

I am getting sick of your posts. Everything is "Help!!!" You'd think
you are the only person in the whole country buying a house.

We bought a townhome,

Not yet you didn't. Not by a long way.

signed a contract, also parallally applied for
mortgage (they already sent "Good faith estimate and settling costs",
they asked me to mail it, but still I didn't sign and didn't mail),

Seems a little odd that you went ahead and signed a CONTRACT without
counsel, and NOW you are shy about signing that you rec'd the good
faith estimate, for the mortgage that YOU applied for. You're weird.


after signing a contract, I have chosen my lawyer, then faxed contract
papers to attorney, he reviewed it and he sent me a addendum, he told
me he is going to send it to builder (I didn't even sign on that
addendum, Is it OK), after that I didn't hear anything. Could some
expert write me what are the next steps involved?.

Call your attorney and ask.

-v.

On Fri, 11 Jul 2003 16:43:02 GMT, (v) wrote:

On 10 Jul 2003 15:03:06 -0700, someone wrote:

Guys:

I am getting sick of your posts. Everything is "Help!!!" You'd think
you are the only person in the whole country buying a house.

We bought a townhome,

Not yet you didn't. Not by a long way.

signed a contract, also parallally applied for
mortgage (they already sent "Good faith estimate and settling costs",
they asked me to mail it, but still I didn't sign and didn't mail),

Seems a little odd that you went ahead and signed a CONTRACT without
counsel, and NOW you are shy about signing that you rec'd the good
faith estimate, for the mortgage that YOU applied for. You're weird.


after signing a contract, I have chosen my lawyer, then faxed contract
papers to attorney, he reviewed it and he sent me a addendum, he told
me he is going to send it to builder (I didn't even sign on that
addendum, Is it OK), after that I didn't hear anything. Could some
expert write me what are the next steps involved?.

Call your attorney and ask.

-v.

I was wondering the same thing ... why he signed a contract before
having it reviewed by the attorney???? Normally that's what the
lawyer is used for.


** remove .invalid from my email address to reply by email **

On Sat, 12 Jul 2003 08:07:29 -0500, someone wrote:

I was wondering the same thing ... why he signed a contract before
having it reviewed by the attorney???? Normally that's what the
lawyer is used for.

Still, it is very common, people sign first, then only ask about an
attorney after they are having a problem of some kind.

What struck me here, was that *now* OP was being shy about signing
things that were much less critical than the thing he had already
signed.

And that he now has a lawyer, but is still asking here.

-v.

Thanks for your responses, appreciated. The builder's policy is buyer
has to sign first, then let the attorney review it, incase if the
buyer didn't like any of the clauses, then he can backout with full
amount.

I though this group might help me suggesting what are the things
involve till closing, I wanted to know what are the steps involved. I
apologise for the group, if I made anything wrong here.

Once again, thanks, appreciated.

"Santa" wrote in message
om...
Thanks for your responses, appreciated. The builder's policy is buyer
has to sign first, then let the attorney review it, incase if the
buyer didn't like any of the clauses, then he can backout with full
amount.

I suspect you misunderstood what the document really is, or the builder is
guilty of unethical and possibly illegal strong-arm tactics. If it is
actually a contract, and not an application to apply for credit from their
in-house mortgage company or something, once you sign it, that is it. They
may have a 'policy' to let customers back out, but there would be no way to
enforce that unless it was spelled out in the document. IOW, all the power
is on their side. In some states, that would be enough to invalidate the
'meeting of minds' requirement for a valid contract.

If I was faced with a vendor pressuring me to sign paper like that before
they would even negotiate with me, I'd walk immediately, and tell everyone I
know about it. There are always other places to buy a house- no buyer should
put up with crap like that. Telling somebody they have to sign NOW before
their lawyer looks at it should be an automatic dealbreaker.

Standard disclaimer- IANAL, but I do play a Contracting Officer at work, and
had enough Contract Law courses to convince THEM I was qualified.

aem sends....